1. All refunds will be processed only in accordance with the Merchant's refund/cancellation policy from the date of transaction2. Any refund initiated before 15 days from the date of transaction will be interest-free. For refunds initiated after 15 days, the interest amount accrued until the next due EMI date will be charged. The interest amount will be debited on the due date of the EMI.3. Any refund made will be net of the interest amount if applicable4. The relevant lender/bank may charge processing fees or cancellation charges as per their internal policies. Such charges shall be paid by you to the relevant lender/bank5. The lender/bank will not be obligated to refund processing fees charged if any.